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Tag: Steel billet

  • China: Steel billet prices fall by RMB 40/t ($5/t) d-o-d

    China: Steel billet prices fall by RMB 40/t ($5/t) d-o-d

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    by

    Vaibhav Dubey
    in

    Steel billet prices in China’s Tangshan fell by RMB 40/t ($5/t) d-o-d to 3,050/t ($419/t) on 4 Mar’25. Prices include 13% VAT. A decline in raw material tags, finished steel prices, and rebar futures weighed on billet offers. SHFE rebar futures (May’25 delivery) decreased by RMB 14/t ($2/t) d-o-d to RMB 3,282/t ($451/t) on 4…